March Closed Transactions
Transactions in our brokerage department gained momentum during March. Overall, our brokers closed 24 transactions equating to more than 167,621 square feet. Industrial transactions again led the month and made up roughly 42% of overall transaction volume, followed by office transactions which equated to 29% of overall transaction volume.
Our overall largest transaction of the month was a retail transaction. The team of Dan Sheeran Sr., Dan Sheeran Jr., and Mike Semon represented the buyer at 1149 S. Hamilton Road which was purchased for $1,365,000. The Sheeran Semon Team also closed the most transactions for the month.
The largest office transaction of the month was closed by the team of Philip Bird, Matt Gregory and Andy Dutcher who represented the seller in the sale of 148 N. High Street in Gahanna.
Joe Menninger represented the buyer and Ryan McGreevy represented the tenant, in the sale, and subsequent new lease at 3800 Lockbourne Road. The sale was the largest industrial transaction of the month.